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Article misleading and who would move to Detroit now?
When you break down income statistics into categories, you'll realize the overwhelmingly majority of homes that break $100K are indeed family households with two incomes. $50K is middle class and $100K is upper middle or upper. Money marries money, and people marry others of similar social standing. That includes income. For example lets take some parts of Westchester. Avg household income is $200k+ while the average salary per individual is $100-150K which is typical of a senior position.
Govt. wants you to mingle and tax laws should be obvious. They don't care if you are single. When politicians and economists mention these numbers what they forget to say is that they are not talking about single households. Most people in the world actually do not live alone.
Anyways going by your brainwashed standards courtesy of economist theories DECADES old, middle class not screwed as you can live in Westchester with just $100K enough said. Low income housing being built in many rich affluent neighborhoods and multiple ways to reduce mortgage payments. Are salaries going down yes, but then again leads to above paragraph. Government wants you to shack up with somebody so get on it. This society was never structured in a way where the laws are more beneficial to loners. The govt. knows how expensive it is if you chose to live alone, and so, I agree with their response. You want to live alone and can not afford it, accept the responsibilities and consequences that come with it. Nobody is forcing anybody to incur needless expenses. If you value privacy over finances then yeah that's your problem. Society, in general, provides middle class plenty other alternatives.
I cant disagree with you here plus you get a rep. Government does want people to get married and their are tax incentives for people who are married. There is nothing wrong with living alone, but living alone forever that is a huge issue especially when poop hits the fan like being sick. I think the government is a huge supporter of marriage and society is not intended or meant to be for people to be lonely or have single parent headed families either. The reason why income inequality has increased over the years is in part of the decline of the 2 parent household family unit and an increase in single and single parent households. Also note people are also getting married later as well instead of getting married young. I actually I have to do my taxes soon, the preparer is going to scold me for not being married and not having any kids, but I say hey, I dont want shack up with women in my area, yet alone father kids for them with the eventual risk of child support later one! No way!
I cant disagree with you here plus you get a rep. Government does want people to get married and their are tax incentives for people who are married. There is nothing wrong with living alone, but living alone forever that is a huge issue especially when poop hits the fan like being sick. I think the government is a huge supporter of marriage and society is not intended or meant to be for people to be lonely or have single parent headed families either. The reason why income inequality has increased over the years is in part of the decline of the 2 parent household family unit and an increase in single and single parent households. Also note people are also getting married later as well instead of getting married young. I actually I have to do my taxes soon, the preparer is going to scold me for not being married and not having any kids, but I say hey, I dont want shack up with women in my area, yet alone father kids for them with the eventual risk of child support later one! No way!
I'm assuming the tax preparer is joking with you and not actually advising you to have a family to gain tax benefits.
Getting married is hardly an insurance policy against being lonely these days. You're wise to hold off.
My household is the epitome of what middle class is.
College educated, white collar jobs, no debt and with enough savings to live without having to work for 2 yrs.
Last edited by likeminas; 03-10-2014 at 08:47 AM..
EVERYBODY is screwed except the upper-upper class.
And it will continue to get worse until all the a$$holes in the country stop being slapped down, see sense and take back the wealth. But the chances of that happening with a population that is being dumbed down daily is near zero. So the morons go to the voting box and choose A or B and assume something will change.
Like frogs in the proverbial pot of steadily heating water.
Yes. Marriage is an essential component to being middle class. All of the white twenty somethings in my department got married within the past four years. For some reason, they receive multiple promotions in a short period of time. They make $75,000 by age 25 and marry someone whose salary is comparable. Within their first year of marriage, they buy homes in New Jersey or Long Island with the help of family. Mortgages are not that high if you are able to put down 20%.
My household is the epitome of what middle class is.
College educated, white collar jobs, no debt and with enough savings to live without having to work for 2 yrs.
I've always felt I was middle classed, regardless of how much I made. Never rich or upper middle, but always enough to pay my bills, travel, etc and not feel I *had* to get married in order to own something.
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They make $75,000 by age 25 and marry someone whose salary is comparable. Within their first year of marriage, they buy homes in New Jersey or Long Island with the help of family. Mortgages are not that high if you are able to put down 20%.
